List of trusts and similar legal arrangements governed under the law of the Member States as notified to the Commission (This text annuls and replaces the text published in OJ C 434, 27.12.2019, p. 27) 2020/C 136/05
Date: 2020-04-27
Institutions: Directorate-General for Financial Stability, Financial Services and Capital Markets Union, European Commission
Subjects: banking supervision, disclosure of information, economic offence, financial institution, money laundering, terrorism financing, trust company




C_2020136EN.01000501.xml










27.4.2020   


EN


Official Journal of the European Union


C 136/5






List of trusts and similar legal arrangements governed under the law of the Member States as notified to the Commission


(This text annuls and replaces the text published in OJ C 434, 27.12.2019, p. 27)


(2020/C 136/05)
Article 31(10) of Directive (EU) 2015/849 of the European Parliament and of the Council of 20 May 2015 on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing (1), amending Regulation (EU) No 648/2012 of the European Parliament and of the Council, and repealing Directive 2005/60/EC of the European Parliament and of the Council and Commission Directive 2006/70/EC, requires Member States to notify to the Commission the categories, description of the characteristics, names and, where applicable, legal basis of the trusts and similar legal arrangements governed under their law. The same article requires the Commission to publish the consolidated list of such trusts and similar legal arrangements, as notified by the Member States, in the Official Journal of the European Union. Such list was published in the C series of the Official Journal on 27 December 2019 (2019/C 434/13) (2). A number of Member States have since amended their notifications. This document integrates these amendments and replaces the list published on 27 December 2019.






Member State


Trust or similar legal arrangement notified




Belgium


None




Bulgaria


None




Czechia


Svěřenský fond




Denmark


None




Germany








a)


nicht rechtsfähige Stiftungen, wenn der Stiftungszweck aus Sicht des Stifters eigennützig ist










b)


Rechtsgestaltungen, die solchen Stiftungen in ihrer Struktur und Funktion entsprechen








Estonia


None




Ireland


Express trusts




Greece


None




Spain


None




France


Fiducies




Croatia


None




Italy (*1)









a)


Mandato fiduciario










b)


Vincolo di destinazione








Cyprus (*1)









a)


Εμπιστεύματα










b)


Διεθνή εμπιστεύματα








Latvia


None




Lithuania


None




Luxembourg (*1)



Contrats fiduciaires




Hungary


Bizalmi vagyonkezelő




Malta








a)


Trusts










b)


Foundations








Netherlands (*1)



Fonds voor gemene rekening




Austria


None




Poland


None




Portugal


None (*2)





Romania


Fiducia




Slovenia


None




Slovakia


None




Finland


None




Sweden


None




United Kingdom


Express trusts






(1)  OJ L 141, 5.6.2015, p. 73.

(2)  OJ C 434, 27.12.2019, p. 27.

(*1)  Trusts are recognised based on provisions of the Hague Convention of 1 July 1985 on the Law Applicable to Trusts and on their Recognition developed by the Hague Conference on Private International Law.

(*2)  Trusts that have been legally constituted under foreign laws, with terms exceeding one year and whose settlor(s) are non-Portuguese residents (foreign trusts), can be recognised and authorised to perform business activities exclusively in the Madeira Free Trade Zone.